Tag: PSA

• Thursday, December 19th 2019 - 09:02 UTC

  Fiat/Chrysler and Peugeot's PSA confirm merger creating world's fourth largest carmaker

  

  Fiat Chrysler and rival PSA Group, owner of Peugeot and Vauxhall, have confirmed a US$ 50bn merger deal. The merger is aiming for annual cost savings of US$ 4bn through shared purchasing agreements and combined technologies, will create the world's fourth-largest carmaker.

• Thursday, October 31st 2019 - 08:57 UTC

  A new auto giant in the making: Fiat Chrysler and Peugeot

  

  Fiat Chrysler and Peugeot owner PSA are in talks to combine in a deal that could create a US$50 billion automaker. The announcement could be made this same week.